The Impact Of Technological Change On Employment: Evidence From A Firm-Level Survey Of Long Island Manufacturers |
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Authors: | Donald S. Siegel |
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Affiliation: | 1. Associate Professor of Economics, School of Management, Arizona State University-West SIEGEL@ASUVM.INRE.ASU.EDU |
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Abstract: | Recent studies of capital-skill complementarity suffer from several important empirical limitations and a theoretical framework that treats technological change as exogenous. This paper addresses some of these limitations using a new, detailed firm-level dataset on technology usage and labor composition. Based on two-stage estimation procedures, our results imply that technological change leads to a shift in labor composition and compensation in favor of white-collar workers. |
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Keywords: | advanced manufacturing technologies skill-biased technological change JEL Classification: J23, O32, O33 |
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